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Analyst Predicts 5,382% Gain for Shiba Inu, Unveils Three Price Targets Including $0.001

Crypto market analyst Crypto Sheriff predicts that Shiba Inu (SHIB) will hit three price targets, including one requiring a 5,382% surge. The bullish momentum in the crypto market, led by Bitcoin's price increase of 10.75% over the past week, has benefited altcoins like SHIB. Crypto Sheriff's prediction includes price targets of $0.00002, $0.0002, and $0.001 for SHIB, representing significant surges from the current price. Other analysts have made similar predictions for SHIB reaching $0.001, citing factors such as a reduction in circulating supply and potential inflows from a spot ETF. However, immediate resistance at the $0.0000187 region is currently hindering SHIB's upward movement.

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